#Canada #TCL Asset Group #Varennes #StormFisher Varennes #Biomass Processing

TCL Asset Group to Manage Asset Liquidation from StormFisher Facility in Quebec

TCL Asset Group Inc., a prominent name in the asset management sector, has recently announced that it has been entrusted with the responsibility of managing the sale of surplus assets from the Recyclage Carbone Varennes facility in Varennes, Quebec. This facility, which was constructed between 2022 and 2024, surprisingly never commenced operations and is now gearing up for an entirely new purpose.

Located strategically in Southwestern Quebec along the south shore of the St. Lawrence River, the site is set to transform into North America's inaugural large-scale low-carbon methanol production facility. This ambitious plan underlines the growing commitment to sustainable energy solutions and positions the facility as a critical player in the green energy landscape.

As part of this extensive project, TCL Asset Group will initiate a one-year campaign focusing on selling a diverse range of unused assets. Among the items available for sale are advanced waste crushing and processing lines, a state-of-the-art biomass shredding system, and drying equipment, all of which remain either installed or still in their original packaging. The upcoming sales endeavor consists of private negotiations that are open now, alongside an auction scheduled for late October 2026.

Key Assets Available for Sale

The available inventory will include:

• - An unused municipal mixed solid waste processing line.
• - A biomass processing line and material dryer.
• - Additional components such as magnets, dust collectors, conveyor systems, pumps, motors, and valves.
• - General maintenance, repair, and operations (MRO) items and new spare parts.

Additionally, there's an opportunity for buyers to acquire or lease the building, land, and existing equipment at the site, enhancing the investment potential further. Interested parties are encouraged to set up appointments in advance for site inspections ahead of the auction, where they can review detailed asset listings and condition notes available on the TCL website.

CEO of TCL Asset Group Inc., Terrance Jacobs, expressed enthusiasm stating, "We are very pleased to be managing this sale on behalf of StormFisher. Our extensive experience enables us to effectively market and sell these assets in an efficient manner. This offers specialized buyers in the fields of waste processing and biomass significant opportunities given that these assets have never been used in operation."

In essence, this liquidation represents a vital opportunity not only for potential buyers but also for the environmental landscape, accommodating greater advances toward renewable energy sources. The ongoing changes are expected to make a substantial impact in both the local economy and the broader energy sector.

For a detailed view of the available assets or to participate in the sale, interested individuals can contact Terrance Jacobs at [email protected] or via phone at 905-660-1367. Further information can be found on the official website at www.managingyourassets.com.

About TCL Asset Group Inc.

TCL Asset Group Inc. is an established leader in asset management and advisory services, with a legacy that dates back to 1958. With expertise in certified appraisals, auctions, private sales, and real estate transactions, TCL operates across North America and beyond, with a strong focus on various industries including mining, construction, food and beverage, pharmaceuticals, and energy.

As they set forth to manage this pivotal asset sale, TCL Asset Group Inc. not only enhances its portfolio but also contributes significantly to the ongoing shift towards sustainable practices in the energy sector.